Established Cracker Barrel Restaurant For
For Sale
Contact for pricing
188 Vann Dr, Jackson, TN
Single-tenant Cracker Barrel in Jackson, TN with strong revenue.
Property Size10,000 SF
Lot Size2.83 Acres
Price / SF$222.30
Days on Market344
Property Features for 188 Vann Dr
General Information
Standard status
Active
Size
10,000 SF
Lot size
2.83 Acres
Property subtype
RETAIL
Listing Agency:
JLL | Miami
(305) 913-5545
Listed By:
Alex Sharrin · License #IL 475.170243
(305) 913-5545
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Miami
Investment Insights
Based on property information with market context.
The property is a single-tenant Cracker Barrel restaurant located at 188 Vann Drive, Jackson, TN. Situated strategically between Memphis and Nashville, the property benefits from high traffic along I-40 and U.S. Route 45, with a combined traffic volume of 81,000 vehicles per day. The Cracker Barrel location has been operating in Jackson, TN for over 10 years and ranks in the top 34% most visited in the state of Tennessee. Cracker Barrel has more than 660 locations across 44 states and reported nearly $3.5 billion in revenue during fiscal year 2024, representing a 0.8% year-over-year increase. The property offers a secure income stream backed by a nationally recognized brand with over five decades of operational success and continued revenue growth. The property size is 10,000 square feet.
Key Highlights
- Secure income stream from a nationally recognized brand (Cracker Barrel) with over 50 years of operational success.
- High‑traffic location situated between Memphis and Nashville along I‑40 and U.S. Route 45, with a combined 81,000 vehicles per day.
- Cracker Barrel's strong financial performance, reporting nearly $3.5 billion in revenue in fiscal year 2024.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $180.0k | $18.00 |
| − Vacancy | −$4.9k | −$0.49 |
| EGI | $175.1k | $17.51 |
| − OpEx | −$43.8k | −$4.38 |
| NOI | $131.4k | $13.14 |
10,000 SF · lease $18.00/SF/yr · vacancy 2.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.88M
$1.64M – $2.19M
NOI $131,355 @ 7.0% cap · market cap 5.91%
Second Best
Retail
$1.46M
$1.28M – $1.70M
NOI $102,165 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,144 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Single-tenant Cracker Barrel in Jackson, TN with strong revenue.
Where is this breakfast & diner located?
The property is located at 188 Vann Dr Jackson, TN.
What is the asking price?
The asking price for this property is $2,223,000.
What are key features of this property?
This property features: Secure income stream from a nationally recognized brand (Cracker Barrel) with over 50 years of operational success.; High‑traffic location situated between Memphis and Nashville along I‑40 and U.S. Route 45, with a combined 81,000 vehicles per day.; Cracker Barrel's strong financial performance, reporting nearly $3.5 billion in revenue in fiscal year 2024.
